Company / Operating Income
TMC the metals Co Inc. Operating Income History
FY2019-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
-$81.3M
FY2024
5-year range
-$174.1M / -$56.6M
FY2020-FY2024
Trend
-12.3%
vs FY2023
Sector context
#78 of 96
Materials
What the data says
TMC the metals Co Inc.'s operating income of -$81M is lower than 81% of companies in the Materials sector (FY2024). Improved from -$174M to -$81M over the past 2 years.
Based on SEC 10-K filings.
-$81M in FY2024.
Improved from -$174M to -$81M over the past 2 years.
Materials sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 19% in MaterialsTop 81% of 96This company -$81.3M Sector average $503.7M
▼
-116.1% below sector average
Key checks
Key Insights
- In FY2024, operating income decreased 12.3% year-over-year.
- Ranks #78 out of 96 companies in the Materials sector.
- Peak operating income was recorded in FY2019.
- Lowest operating income in the period was in FY2022.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score -4.66 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | -$81.3M | -12.3% |
| FY2023 | -$72.4M | +58.4% |
| FY2022 | -$174.1M | -16.4% |
| FY2021 | -$149.6M | -164.3% |
| FY2020 | -$56.6M | -626119.7% |
| FY2019 | -$9.0K | - |
As of FY2024 · SEC Form 10-K · Last checked Jul 2, 2026